Archive for December, 2012

Frugality, The New Generation’s Interest

Dec 11, 2012 2 Comments

I’ll admit, I’m frugal. Read this carefully, I’m not cheap. I tip well. I will buy high quality items when there’s a need. I will pay for other people’s food when hosting a BBQ. I will offer someone a car ride. On the other hand, I refuse to pay retail prices unless I absolutely have [...]

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What Are You Doing Today To Make Money Tomorrow

Dec 10, 2012 1 Comment

This is what my professor asked us. You can bin your time that you invest today into 3 horizons, today’s returns, tomorrow’s returns, and the far future’s return. Most people only invest in today’s returns. Today’s horizon What have you done today that has brought you money? For most people, the answer is simple: they [...]

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Line Of Credit Emergency Fund

Dec 07, 2012 Comments Off

Did you hear O’bryan’s law? He said Murphy was an optimist. One of my favourite personal finance gurus is Gail Vaz-Oxlade. Her financial advice is sound and she had good methods for getting people to follow their own budget. One of her rule of thumbs is to always contribute and top up to a cash [...]

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Goldeneer Budget

Dec 05, 2012 Comments Off

Minimizing our budget has been of great importance in the past when we were paying off our debts and buying income properties. We tracked all or our monthly expenses and reduced our lifestyle to meet our needs. We have recently relaxed our budget due to repaying our non-mortgage debts and significantly increasing our rental income. [...]

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Fallacy Of Real Estate

Dec 03, 2012 1 Comment

Goldeneer has developed a hierarchy model to build wealth in order to simplify the wealth building ladder. This model is based on frugality, savings, investments, leverage and shows us that wealth cannot be achieved by skipping any previous foundation. Fallacy of real estate I shake my head when I hear well respected financial advisors comparing [...]

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Goldeneer Now Yakezie Challenger

Dec 01, 2012 1 Comment

Goldeneer is proud to announce it is now a Yakezie Challenger. Yakezie is a personal finance blogging network that motivate bloggers to move up the Alexa rank in order to gain more readers like yourself. Goldeneer believes it has valuable lessons learned to share with interested fans. Through this challenge, Goldeneer is highly motivated to [...]

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